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Rick Scott's Let's Get to Work donor lays people off

@MarcACaputo

Rick Scott was elected as Florida's jobs governor and is running for re-election with the same slogan and political committee: Let's Get to Work.

But the governor who frequently trumpets and takes measures of credit for big hiring news is often silent on the opposite: Layoffs. And that's doubly true when it comes to donors to Let's Get to Work who let people got to the unemployment line.

Here's the Miami New Times:

"Bill Edwards is one of Rick Scott's top individual donors. He wrote a $500,000 check to Scott's Let's Get to Work re-election PAC. Ironically, almost 500 of Edwards' employees will not get to work soon. One of his companies, Mortgage Investment Corp. (MIC), abruptly announced yesterday it's laying off 476 workers, including 256 people at its St. Petersburg headquarters. Fewer than 40 people will remain employed as the company winds down.

"Of course, Edwards' MIC has not been without its controversy. It's been accused of misleading customers and violating National Do Not Call Registry rules. In fact, in June the company was hit with a $7.5 million fine, the largest fine handed down for violating the Do Not Call law. What's worse is that many of those misled customers were military veterans.

"From the Tampa Bay Times:

"The FTC said telemarketers from Mortgage Investors misled service members that the company was affiliated with the U.S. Department of Veterans Affairs and that they could receive low-interest, fixed-rate mortgages at no cost. In reality, regulators said, the company was only offering adjustable rate mortgages that left consumers liable for higher payments with rising interest rates. It also required consumers to pay closing costs."

Comments

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George

Rick Scott is well short of his 700,000 jobs and most of the jobs Florida did gain are nothing but $8 per hour dead end ones which qualify the worker for food stamps.

Todd

Are employers supposed to keep employees no matter the economic situation for the company? It seems that this company did fund 2 months of severance for the affected employees. This certainly doesn't make up for the loss of a job, but it does make the transition a little easier.

George: Not a defense of Rick Scott, however, it's my recollection that the promise was 700,000 jobs over 7 years not 34 months.

George

Todd - he promised good paying jobs but what we see are dead end ones.

Ed Jenkins

The reporter does not understand economics and business. Would they rather the entire company close and all workers lose their jobs or just some of them?

dave

Actually the promise by Rick Scott was 1.7 million jobs over 7 years. We are are at about half way with a little over 300,000 low paying service jobs. Hardly something to be proud of. Also Scott never talks about the shrinking work force which explains the lower unemployment rate. The man is a liar.

canthaveitbothways

But when Obama was adding part-time, "low-paying-Dead end jobs" everyone was praising him for lowering uneployment and turing the economy around. And what does it matter if they are paying $8 an hour, that is putting $320 a week back into the FL economy and $$ the state isn't paying in unemployment and all the other assistance the are paying out.

Oh, and here is a reliable source as to just what companies and how many jobs Rick Scott has added to the State of Florida, whether it's directly or indrirectly (P.S. they're not all minimum wage jobs);

http://www.850businessmagazine.com/October-November-2013/850-holds-a-conversation-about-jobs-with-Florida-Gov-Rick-Scott/index.php?cparticle=4&siarticle=3


George

Can't believe someone would post Rick Scott lying propaganda! Wawa creating 3,500 jobs?? They've opened about 15 stores and each store may employ about 15-20 people max. And most of those jobs are in the $8 to $9 hour range.

You might also be interested to know Wawa was planning an expansion to Florida back in 2007 - well before Rick Scott. Rick Scott taking credit for that expansion is also a joke.

Jorge Vazquez

Since when can government create any jobs? I understand that it can employ some people, but since government jobs are not productive, they produce no profit and do not pay for themselves. These jobs are paid for by taxed revenue which, if left untouched in the hands of private concerns, it would be employed in the productive, profit generating private sector of the economy. So when the government "creates" a job it does not only do it at the expense of a job which would have been created in the private sector, part of the unseen cost of that job is the profit which would have been created by the private job.

Does Scott mean that he wants to create an atmosphere in which private sector jobs can flourish? I doubt it since his solution is a cleaver redistribution program instead of across the board tax and regulatory cuts.

Indie Thinker

That listing at the 850 article is a joke as support for Scott. Add those up and try to get anywhere near what's needed to gainfully employ the number of Floridians who have been out of work for the long term. They're also nothing that would not have been added as part of the course of a normal economic recovery, even if Donald Duck had been governor.

The point about "cold calls" obscures the fact that much of what Scott brings here is poached from other states. That will sour relations with other states in the long term, and that impact will be felt after he leaves the governor's seat cold. Also obscured is the fact that the lower employment rate is in good measure because of frustrated people leaving the workforce (and not just "retirees" moving in; we have lots of young people moving here, too).

Funny too how, with Amazon, he failed to mention his initial opposition to that deal because of the sales tax issue. 850 sure told the whole story there!

Yes, dave is right: The man is a liar, though often, by omission.

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